Senior Actuary

West Bend Insurance CompanyWest Bend, WI
Hybrid

About The Position

The Senior Actuary provides senior-level actuarial expertise to guide strategic decision-making, profitability, and risk management across the organization’s insurance portfolio. This position offers both remote and hybrid work locations. Candidates who reside within 50 miles of an office location (West Bend, Madison, Appleton) will be offered a hybrid work schedule. Candidates who are fully remote (beyond 50 miles) may occasionally be asked to travel to an office location for in-person engagement activities such as team meetings, training and corporate events.

Requirements

  • 8 years of actuarial experience in the property/casualty insurance industry.
  • Expertise knowledge of actuarial techniques related to pricing, reserving, and risk modeling.
  • Experience applying predictive modeling and data analytics to support business decisions.
  • Understanding of insurance operations, including underwriting, claims, and financial reporting.
  • Analytical, problem-solving, and decision-making capabilities.
  • Effective oral and written communication skills, with the ability to translate complex technical concepts into actionable business insights.
  • Interpersonal and collaboration skills, with the ability to influence cross-functional stakeholders.
  • Negotiation and business judgment skills to support risk and pricing decisions.
  • Demonstrated ability to mentor, coach, and develop less experienced actuarial staff.

Nice To Haves

  • Bachelor’s degree in Mathematics, Actuarial Science, or related field
  • Fellow of the Casualty Actuarial Society

Responsibilities

  • Lead actuarial analyses, pricing strategies, reserving, reinsurance and predictive modeling efforts to drive data-driven decision-making.
  • Partner with underwriting, finance, claims, and senior leadership to influence and optimize business performance and ensure regulatory compliance.
  • Lead development and refinement of pricing models, rate indications, and loss cost projections for P&C insurance products.
  • Assess and clearly articulate underwriting risk and loss trends to guide corporate strategy and portfolio management.
  • Perform reserve adequacy analyses, including loss development, trend analysis, and financial projections to support financial reporting.
  • Utilize advanced actuarial techniques, including GLMs, machine learning, and data science methodologies, to enhance risk assessment and profitability.
  • Ensure compliance with actuarial standards of practice, regulatory requirements, and filing obligations with state departments of insurance.
  • Provide technical guidance, mentor junior actuaries, and contribute to professional development within the actuarial team.

Benefits

  • Medical & Prescription Insurance
  • Health Savings Account
  • Dental Insurance
  • Vision Insurance
  • Short and Long Term Disability
  • Flexible Spending Accounts
  • Life and Accidental Death & Disability
  • Accident and Critical Illness Insurance
  • Employee Assistance Program
  • 401(k) Plan with Company Match
  • Pet Insurance
  • Paid Time Off
  • Bonus eligible based on performance
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